SpaceX founder and Tesla CEO Elon Musk has warned that America is currently headed for bankruptcy super fast. The US national debt is over $36 trillion and this amounts to over $106k per person in America, which has left Musk 'terrified'. US President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to spearhead the newly created Department of Government Efficiency (DOGE) to address the rising debt of America.